WHY?
ddbird
Posts: 3,168 ✭✭✭
0
ddbird
Posts: 3,168 ✭✭✭
ddbird
Posts: 3,168 ✭✭✭
Comments
Camelot
"clad in 10 Mil of 24kt pure gold"
Piece of junk
Worth a couple of bucks as a conversation piece.
IMHO
Rookie joe
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.
My Ebay!
This was his response:
<< <i>I didn't notice that until the end. I guess it's my mistake. I'll be more careful in the future to watch out for these reproductions >>
Looks like he forgot about his "mistake" to the tune of $355 !! ???
">"http://www.cashcrate.com/5663377"
probably hoping someone will see the high bids and see time running out and bid thinking it must be the real thing instead of reading the description.
It would have went for the normal rip-off price, but unfortunately for the high bidder, somebody dumber than him came along and bid it up.
My posts viewed
since 8/1/6
here it is.
bargain, only $118.50
<<It is 19mm in diameter, weighs one ounce, and is clad in 10 Mil of 24kt pure gold.>>
19mm is the size of a Lincoln cent. If it was made of gold it would have to be three times as thick as a double eagle to weigh an oz. Gold plate over base metal it would have to be around six times as thick or almost 11 mm thick (7/16th inch)
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
It is 19mm in diameter, weighs one ounce, and is clad in 10 Mil of 24kt pure gold
They are hoping that a sucker will see the "one ounce".....skip the "clad in 10 Mil"......and go to "pure gold".
This auction is outright fraud! Looking at some of the auctions, they certainly look they are receiving some shill bids. But that's just my amateur opinion.
Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
<< <i>This auction is outright fraud! >>
There's nothing wrong with the auction. The item was accurately described, and it was started at $1.00 (which is about the most I would go for such a "coin"). Assuming that the winning bidder is legit, he's a complete moron. Unfortunately, it is not illegal to be stupid in the US. Fool and his money, and all that. I only wish vern8888investing would bid on some of my auctions.
It was NOT accurately described. As Conder101 quickly pointed out to us, the coin in the auction is way too small in diameter to weigh 1 ounce, as the seller claims. The most charitable thing that I can say is that the auction is very misleading and, imho, that's not an accident. Ahhh, screw being charitable.....it's a fraudelent auction.
Our eBay auctions - TRUE auctions: start at $0.01, no reserve, 30 day unconditional return privilege & free shipping!
They are hoping to snare a sucker in last minute bidding.